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Changing face of careers in 21st century

  1. Copyright 2018 | All Right Reserved INTERNATIONAL CERTIFIED CAREER COACH
  2. ICCC–2019 Changing Face of Careers in 21st Century
  3. What is in common to these careers trending in 2018? UI Designer UX Designer Machine Learning/ AI Ethical Hacker Big Data Analyst Social Media Manager Drone Operator App Developer They did not exist in 2007 ICCC–2019
  4. Copyright 2019 | All Right Reserved 5 GENERATION FLUX How do we make career decisions in a time of massive disruption! ESPECIALLY IF WE ARE GOING TO HAVE 7 CAREERS IN A LIFETIME!
  5. Copyright 2019 | All Right Reserved 6 GEARING UP FOR THE FUTURE #1 Know Your Strength #2 Evaluate Your Options #3 Seek Professional Help #4 Exhaustive Research #5 Plan Strategically & Execute
  6. Copyright 2019 | All Right Reserved 7 STARTLING FACTS (1/4) Changing process of staffing Increasing Emphasis on Assessment Changing Skill Sets Demands By 2017, LinkedIn had over 10 million active job listings. According to a report by World Economic Forum, India is facing the second highest skill shortage with 64% organizations have difficulty finding qualified employees. Also, 25% employers believe being culture fit is equally important than skill set. Roughly 18% of companies currently use personality tests in the hiring process This number is growing at a rate of 10- 15% a year Meta-analytic studies reviewing 50 years of research suggest that personality traits such as curiosity, extraversion, and emotional stability are twice as important as Intelligence Quotient (IQ) — the benchmark metric for reasoning capability It has been predicted that by the year 2022, nearly 37 percent of Indian workforce would be in jobs demanding radically different skill sets 91% of Indian employees felt threatened that their skills will become obsolete in coming 5 years Clients are facing major difficulties in matching up with the expectations of the employers
  7. Copyright 2019 | All Right Reserved 8 STARTLING FACTS (2/4) Losing Jobs to Automation Upcoming New Occupations Workforce Agility ~ A Critical Skill 5 million jobs will be lost to automation by 2020 By 2025, robots could jeopardize between 40 million and 75 million jobs worldwide. Most jobs in the market today didn’t exist 20 years ago It’s expected that in around a decade’s time, 60% of the jobs will be completely new compared to today’s workforce An average person will change careers 5- 7 times during their working life With newer technology constantly replacing existing skills, it has become imperative that individuals have a flexible attitude at workplace
  8. Copyright 2019 | All Right Reserved 9 STARTLING FACTS (3/4) Job Hopping is More Common Changing Incentives Rising ~ Contractual Work Bureau of Labor Statistics reported the average employee tenure was 4.2 years, down from 4.6 years (2014) Considering a career shift can involve analysis of interests, transferable skills, scope and developments in careers! In the emerging economy, non-cash compensation will play an increasingly vital role In big organizations like Apple Inc., workplace is designed to have a collaborative office design to promote interactions It is expected that by 2020, 50% of American workforce will be working on free-lance basis The virtue of stability at workplace is no longer lauded
  9. Copyright 2019 | All Right Reserved 10 STARTLING FACTS (4/4) FUTURE IS BLOGGING FUTURE IS DATA ANALYTICS BOOM IN DIGITAL & SOCIAL MARKETING EMERGENCE OF ENTREPRENEURSHIP
  10. Copyright 2019 | All Right Reserved 11 DISRUPTION THROUGH TECHNOLOGY Relevance of technology in career counselling Upcoming professions in the light of developing technology Influence of technology on children and their preferences The rapidly changing skill requirement Integrating technology in career counselling Ethical limitations
  11. Copyright 2019 | All Right Reserved 12 CHANGING WORLD OF CAREERS Changes in the process of hiring: Skill set & culture fitness Changing workforce demographics: Inclusion of women &Generation Changing expectations: Flexible jobs & focus on work life balance New challenges: Technological unemployment because of machine learning & artificial intelligence Recent developments: Entrepreneurship, Freelancing, Job Hopping Advice for clients: Be futurist Shifting to “career for me” Approach
  12. Copyright 2019 | All Right Reserved 13 KEY SKILLS IN DEMAND PAVING WAY FOR ALTERNATE CAREER PATHS Sensitive Emotive Communication New Media Literacy Continuous LearningNetworking Self-Motivation High EI & Managerial Skills Psychosocial Skills Decision Making Creativity Technological Skills Cognitive Flexibility
  13. Copyright 2019 | All Right Reserved 14 DRIVING CHANGE Breaking Stereotypes Parental Aspirations Peer Pressure Challenging the System Managing Stakeholders
  14. Copyright 2019 | All Right Reserved 15 CAREER PLANNING FOR FUTURE Career Planning And Career Management Role of A Counsellor In Career Planning Short Term V/S Long Term Career Planning Career Development Planning Tips to Adjust Better In Present World
  15. THANK YOU THANK YOU ICCC-2019
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